THE PORT AUTHORITY OF NY & NJ

Press Release Article

PORT NEWARK CONTAINER TERMINAL AND GLOBAL TERMINAL TO OPEN FOR BUSINESS ON MONDAY

Date: Nov 04, 2012Press Release Number: 183-2012

The Port Authority’s Port Newark Container Terminal and Global Terminal in Jersey City will open for business on Monday morning, continuing the restoration of the region’s maritime business following the aftermath of Hurricane Sandy.

Both Port Newark and Global will open their gates for truckers at 7 a.m. Monday. The first ship is expected to arrive at the Global Terminal at 7 p.m. Monday. Port Newark Container Terminal also is expecting vessel traffic to resume Monday night.

Today, Port Elizabeth Terminal opened for business. Four cargo vessels were expected at Maher Terminal and one cargo vessel was expected at APM Terminal. Longshoremen were back to work and unloading cargo at approximately 8:00 a.m. today. Today’s shipments are expected to provide a wide array of products and materials to the area.

Restoration of power continues to be a key requirement in returning the port to full operations. All roadways are cleared for safe passage and PAPD will direct traffic for all port employees.

The port has faced unprecedented challenges as a result of Hurricane Sandy. The storm surge caused nearly four feet of water throughout the port. Round the clock cleanup efforts have repaired damaged roadways, hundreds of displaced shipping containers, fixed rail lines, damaged electrical systems and other port cargo.

Clean up of the port is continuing around the clock to ensure that all port partners are brought back to full operation. All employees should check with their respective employers for reporting to work assignments.

The Port of New York and New Jersey is the gateway to one of the most concentrated and affluent consumer markets in the world. It is the largest port on the East Coast, and the third largest in the nation. With quick access to major population centers, the Port industry from the New York Harbor has the ability to reach approximately 20% of the US population in fewer than 8 hours. The port industry is responsible for more than 269,000 jobs in the region.

In 2011, the Port Authority of New York and New Jersey handled 5.5 million TEU’s (20-foot equivalent units), a record and nearly 4 percent more than 2010’s volumes. The port’s on-dock rail system – known as ExpressRail – also set a new record in 2011, handling 422,144 containers, or 12 percent more than in 2010. In 2011, the Port's major import commodities included furniture, beverages and apparel. The dollar value of all cargo that moved through the port exceeded $185 billion.

CONTACT:Port Authority of New York and New Jersey201-595-4530; 201-595-4531

Founded in 1921, the Port Authority of New York and New Jersey builds, operates, and maintains many of the most important transportation and trade infrastructure assets in the country. The agency’s network of aviation, ground, rail, and seaport facilities is among the busiest in the country, supports more than 550,000 regional jobs, and generates more than $23 billion in annual wages and $80 billion in annual economic activity. The Port Authority also owns and manages the 16-acre World Trade Center site, where construction crews are building the iconic One World Trade Center, which is now the tallest skyscraper in New York. The Port Authority receives no tax revenue from either the state of New York or New Jersey or from the City of New York. The agency relies on revenues generated by facility users, tolls, fees and rents as well as loans, bond financing, and federal grants to fund its operations. For more information, please visit http://www.panynj.gov.